Vitals
  • Total Assets
    42.2B -3.6 %
  • Total Deposits
    32.4B -1.6 %
  • Total Net Loans
    28.1B -5.9 %
  • Net Income
    -155191000.0000 -178.2 %
  • Book Value
    5.2B -7.1 %
  • Book Value x2
    10.4B -7.1 %
  • Book Value x3
    15.6B -7.1 %
ROAA

.126

ROAE

-2.836

Efficiency Ratio

77.967

Net Interest Margin

3.535

Balance Sheet Highlights
Financial Highlights Cit Bank, National Association All Insured Commercial Banks in California
Balance Sheet $(000)
Total Assets 42,246,572 1,346,313
Total Net Loans 28,120,309 907,793
Total Deposits 32,357,227 1,084,972
Total Equity 5,208,158 169,778
Profitability
Net Income -155,191 12,577
Return on Average Assets .126 .955
Return on Average Equity -2.836 8.072
Net Interest Margin 3.535 3.784
Efficiency Ratio 77.967 64.937
Noninterest Income/Revenue 27.839 13.682
Balance Sheet Ratios
Loan-to-Deposit 86.906 83.983
Securities/Assets .084 .141
Total Equity/Total Assets .123 .126
Tangible Equity/Tangible Assets .108 .113
Capital Adequacy
Tier 1 Common Capital 4,622,958 147,337
Tier 1 Capital 4,622,958 147,552
Tier 2 Capital 430,241 11,893
Total Capital 5,053,199 160,236
Total Risk Weighted Assets 34,407,113 1,009,488
Leverage Ratio 10.93 11.256
Common Equity Tier 1 Capital Ratio 13.44 14.697
Tier 1 Capital Ratio 13.44 14.792
Total Capital Ratio 14.69 16.005

Timeline for Cit Bank, National Association

Cit Bank

Acquisition: Cit Bank, National Association acquired a new subsidiary, Cit Bank, 8 years

View Profile Aug 03 2015

Cit Group Inc.

Cit Group Inc. became a new parent organization for Cit Bank, National Association.

View Profile Aug 03 2015

Cit Maritime Leasing, Llc

Cit Maritime Leasing, Llc became a new subsidiary organization for Cit Bank, National Association.

View Profile Aug 03 2015

Cit Finance Llc

Cit Finance Llc became a new subsidiary organization for Cit Bank, National Association.

View Profile Aug 03 2015

Cit Rail Llc

Cit Rail Llc became a new subsidiary organization for Cit Bank, National Association.

View Profile Aug 03 2015

Want to see more?

Complete timeline for Cit Bank, National Association is available.

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Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Cit Bank Seller 21,903,259 Acquisition Discontinued 8/3/2015
La Jolla Bank, Fsb Seller 3,646,071 Failure 2/20/2010
First Federal Bank Of California, A Federal Savings Bank Seller 6,143,903 Failure 12/19/2009
Indymac Federal Bank, Fsb Seller 23,477,908 Failure 3/20/2009
Relationships Role Relationship Start Relationship End
Cit Group Inc. Parent 8/3/2015
Imb Holdco Llc Parent 6/2/2015 8/2/2015
Onewest Bank Group Llc Parent 7/21/2011 6/1/2015
Onewest Bank Group Llc Parent 3/20/2009 7/20/2011
Cit Maritime Leasing, Llc Subsidary 8/3/2015
Onewest Ventures Holdings Llc Subsidary 7/21/2011
Onewest Resources Llc Subsidary 7/21/2011
Owb Reo Llc Subsidary 7/21/2011
Cit Finance Llc Subsidary 8/3/2015
Onewest Investments Ii Llc Subsidary 7/21/2011
Cit Rail Llc Subsidary 8/3/2015
Capital Direct Group, Inc. Subsidary 8/3/2015
Onewest Foundation Subsidary 12/1/2012 12/22/2015
Cit Insurance Company Limited Subsidary 8/3/2015 12/11/2015
Indymac Financial Services, Inc. Subsidary 7/21/2011 5/29/2014
Financial Freedom Acquisition Llc Subsidary 7/21/2011 11/30/2012
Onewest Investments Llc Subsidary 7/21/2011 11/30/2012
Financial Freedom Acquisition Llc Subsidary 3/20/2009 7/20/2011
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